Near-Zero Rates: Funds Investments and Percent Jump

near-zero rates: It's those 10 percent-plus rates across the Turkish bond curve among the highest in major emerging markets that are luring the Mr. and Mrs, according to The Japan Times. Watanabes to the country's assets. ; Starved for return by near-zero rates at home, individual investors have propelled a 27 percent jump in Japanese mutual funds' investments in Turkish lira-denominated bonds this year. But Japan's intrepid retail investors will forgive a lot when it comes to yield. At 50.8 billion through August, it's poised to be the biggest annual increase since 2012, according to data from Japan's Investment Trusts Association. There may be more upside than downside and their higher yield levels are definitely positive from the carry perspective, said Yokouchi, who recently went slightly overweight on Turkey's lira. Political risks are still there and the economy remains sluggish while inflation remains high but those negative factors have already been priced in the markets, said Takeshi Yokouchi, a senior fund manager at Daiwa SB Investments Ltd., which manages the equivalent of about 51 billion in assets. (news.financializer.com). As reported in the news.